Allane SE: Forecast for group contract portfolio for 2022 probably not achievable
July 28, 2022 at 01:25 pm EDT
Share
DGAP-Ad-hoc: Allane SE / Key word(s): Change in Forecast
Allane SE: Forecast for group contract portfolio for 2022 probably not achievable
28-Jul-2022 / 19:22 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Allane SE: Forecast for group contract portfolio for 2022 probably not achievable
Pullach, 28 July 2022 - The Management Board of Allane SE today came to the conclusion that the expectation for the financial year 2022 communicated on 29 April 2022 of a group contract portfolio between 130,000 and 150,000 contracts (2021: 128,845 contracts) is probably not achievable.
For the current financial year, the Management Board expects the group's contract portfolio to be in a range between 110,000 and 130,000 contracts. However, the Management Board continues to expect for 2022 an EBT to be in the higher single-digit million euro and the group’s operating sales to be in a range between 350 and 400 million euros.
The main reasons for the deviation from the forecast are the weaker than expected current business performance, due in particular to the fact that the recovery of the overall economic situation fell short of expectations considering the still ongoing COVID 19 situation, the supply restrictions for new cars due to the semiconductor shortage, and the potential impact of the Ukraine war on the automotive market. In this respect, the Management Board assumes that it will not be possible to make up for the negative development in the remaining financial year 2022.
28-Jul-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
Allane SE
Dr.-Carl-v.-Linde-Str. 2
82049 Pullach
Germany
Phone:
+49 (0)89 7080 - 610
E-mail:
ir@allane.com
Internet:
http://ir.allane-mobility-group.com
ISIN:
DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2
WKN:
A0DPRE
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
Allane SE, formerly knowns as Sixt Leasing SE is a Germany-based company engaged in automobile leasing. The business segments includes : Leasing, consisting of Fleet Leasing and Online Retail business fields, and Fleet Management. Fleet Leasing covers full-service leasing for corporate customers, including lease financing, as well as fleet management, allowing companies with vehicle fleets to outsource the entire management of their fleet. The offering also includes consultation and advice for vehicle selection, vehicle procurement, vehicle maintenance over the entire contract period, management of tire replacements, as well as solutions for the transparent return of vehicles. Online Retail offers leasing solutions for private and commercial customers through online platforms sixt-neuwagen.de and autohaus24.de.